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Samsung Galaxy Gear
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Analyst Calls Smartwatch Threat to Luxury Watches “Overdone”
The media is currently reporting multiple news stories about the new crop of so-called “smartwatches,” devices that are basically tiny smartphones that strap to your wrist. Like any trendy new tech goodie, these are sure to be hot with consumers who must have the latest hot toy, but do they pose a threat to the sales of luxury watches? One prominent analyst doesn’t think so.